Dubai Falling Hard

In the United States, cities whose real estate values rose fastest are falling hardest in these challenging economic times. The same can be said for Dubai in the United Arab Emirates, which has been on a hotel building binge in order to keep up with the demand. But hotel experts caution against hotels discounting too deeply, which is not always best for meeting planners.
According to recent data from STR Global, the London-based arm of Smith Travel Research, a global hotel benchmarking ...

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